MIRA INFORM REPORT

 

 

Report No. :

508730

Report Date :

11.05.2018

 

 

 

IDENTIFICATION DETAILS

 

Name :

CRANE STOCKHAM VALVE LIMITED

 

 

Formerly Known As :

STOCKHAM VALVE LIMITED

 

TRW MISSION LIMITED

 

 

Registered Office :

Grange Road Grange Road Cwmbran Gwent Np44 3xx

 

 

Country :

United Kingdom

 

 

Financials (as on) :

31.12.2016

 

 

Date of Incorporation :

18.05.1955

 

 

Com. Reg. No.:

00549383

 

 

Legal Form :

Private limited with Share Capital

 

 

Line of Business :

Subject is engaged in manufacture and distribution of industrial valves, based solely in Belfast.

 

 

No. of Employees :

110

 

 

RATING & COMMENTS

(Mira Inform has adopted New Rating mechanism w.e.f. 23rd January 2017)

 

MIRA’s Rating :

C

 

Credit Rating

Explanation

Rating Comments

C

Medium High Risk

Business dealings permissible preferably on secured basis

 

Status :

Moderate

 

 

Payment Behaviour :

Slow 

 

 

Litigation :

Clear

 

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

 

 

ECGC Country Risk Classification List

 

Country Name

Previous Rating

(30.09.2017)

Current Rating

(31.12.2017)

United Kingdom

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low Risk

 

A2

Moderately Low Risk

 

B1

Moderate Risk

 

B2

Moderately High Risk

 

C1

High Risk

 

C2

Very High Risk

 

D

 

 

UNITED KINGDOM - ECONOMIC OVERVIEW

 

The UK, a leading trading power and financial center, is the third largest economy in Europe after Germany and France. Agriculture is intensive, highly mechanized, and efficient by European standards, producing about 60% of food needs with less than 2% of the labor force. The UK has large coal, natural gas, and oil resources, but its oil and natural gas reserves are declining; the UK has been a net importer of energy since 2005. Services, particularly banking, insurance, and business services, are key drivers of British GDP growth. Manufacturing, meanwhile, has declined in importance but still accounts for about 10% of economic output.

 

In 2008, the global financial crisis hit the economy particularly hard, due to the importance of its financial sector. Falling home prices, high consumer debt, and the global economic slowdown compounded the UK’s economic problems, pushing the economy into recession in the latter half of 2008 and prompting the then BROWN (Labour) government to implement a number of measures to stimulate the economy and stabilize the financial markets. Facing burgeoning public deficits and debt levels, in 2010 the then CAMERON-led coalition government (between Conservatives and Liberal Democrats) initiated an austerity program, which has continued under the Conservative government. However, the deficit still remains one of the highest in the G7, standing at 3.6% of GDP as of 2017, and the UK has pledged to lower its corporation tax from 20% to 17% by 2020. The UK had a debt burden of 90.4% GDP at the end of 2017.

 

The UK’s economy has begun to slow since the referendum vote to leave the EU in June 2016. A sustained depreciation of the British pound has increased consumer and producer prices, weighing on consumer spending without spurring a meaningful increase in exports. The UK has an extensive trade relationship with other EU members through its single market membership and economic observers have warned the exit will jeopardize its position as the central location for European financial services. Prime Minister MAY is seeking a new “deep and special” trade relationship with the EU following the UK’s exit. However, economists doubt that the UK will be able to preserve the benefits of EU membership without the obligations.

 

Source : CIA

 

Company name and address

 

Company Name                                                :CRANE STOCKHAM VALVE LIMITED

Company No                                                     : 00549383

Company Status                                               : Active - Accounts Filed

Registered Address                                           : GRANGE ROAD GRANGE ROADCWMBRANGWENTNP44 3XX

 

 

Company Summary

 

Registered Address                                          GRANGE ROAD GRANGE ROAD
CWMBRAN
GWENT
NP44 3XX

 

Trading Address                                              Grange Road
Cwmbran
Gwent
NP44 3XX

 

Website Address                                              http://www.crane-energy.com

 

Telephone Number                                           -

Fax Number

 

TPS                                                                  -

FPS                                                                  Yes

Incorporation Date                                           18/05/1955

 

Previous Name                                                 STOCKHAM VALVE LIMITED

Type                                                                 Private limited with Share Capital

 

FTSE Index                                                      -

Date of Change                                                 19/02/1999

Filing Date of Accounts                                    31/10/2017

Currency                                                          GBP

Share Capital                                                   £5,500,000

SIC07                                                               32990

Charity Number                                                -

SIC07 Description                                            OTHER MANUFACTURING N.E.C.

Principal Activity                                              The provision of manufacture and distribution of industrial valves, based solely in Belfast.

 

 

Additional Information

 

CCJ's                                                   0 (£0)

 

No CCJ Information To Display

Ultimate Holding Company                  CRANE & CO. INC.

Accountant                                           -

Mortgages                                            2

Group                                                  33 companies

Linkages                                              59 companies

Countries                                             In 9 countries

 

 

Key Financials

 

Year to Date        Turnover          Pre Tax Profit           Shareholder's Funds          Employees

31/12/2016        £20,018,668           -£1,820,299              £586,029                                   110

31/12/2015        £14,106,825           -£3,563,445              £4,874,501                                116

31/12/2014        £12,391,019            £58,209                   £8,446,269                                101

 

 

Mortgage Summary

 

Total Mortgage                                     2

Outstanding                                         0

Satisfied                                               2

 

 

Trade Debtors / Bad Debt Summary

 

Total Number of Documented Trade  0

Total Value of Documented Trade £0

 

 

Commentary

 

This company has been treated as a Medium company in respect of the rating/limit generated.

This company's ratio of total liabilities to total assets indicates the presence of moderate equity funding.

This company's return on total assets employed ratio indicates a negative return on assets.

This company has made late payments on a high percentage of invoices.

 

 

CCJ

 

Total Number of Exact CCJs -

0

Total Value of Exact CCJs -

Total Number of Possible CCJs -

0

Total Value of Possible CCJs -

Total Number of Satisfied CCJs -

0

Total Value of Satisfied CCJs -

Total Number of Writs -

-

 

 

Current Directors

 

Title

Mr

Function

Director

Name

David Jones

Nationality

British

Date of Birth

08/1969

Present Appointments

3

Latest Address

Crane Flow Solutions Grange Road, Cwmbran, Gwent

Appointment Date

22/11/2016

Post Code

NP44 3XX

Title

Mr

Function

Director

Name

Max Homer Mitchell

Nationality

American

Date of Birth

07/1963

Present Appointments

14

Latest Address

Grange Road Grange Road, Cwmbran, Gwent

Appointment Date

31/01/2014

Post Code

NP44 3XX

 

 

Current Company Secretary

 

Title

Mr

Function

Company Secretary

Name

James Hywel Jackson

Nationality

Date of Birth

-

Present Appointments

1

Latest Address

Grange Road Grange Road, Cwmbran, Gwent

Appointment Date

21/06/2017

Post Code

NP44 3XX

 

 

Top Shareholders

 

Name

Currency

Share Count

Share Type

Nominal Value

% of Total Share Count

CRANE LTD

GBP

5,500,000

ORDINARY

1

100

Financials

 

Profit & Loss

 

Date Of Accounts

31/12/16

(%)

31/12/15

(%)

31/12/14

(%)

31/12/13

(%)

31/12/12

Weeks

52

(%)

52

(%)

52

(%)

52

(%)

52

Currency

GBP

(%)

GBP

(%)

GBP

(%)

GBP

(%)

GBP

Consolidated A/cs

N

(%)

N

(%)

N

(%)

Y

(%)

Y

Turnover

£20,018,668

41.9%

£14,106,825

13.8%

£12,391,019

-12.8%

£14,216,255

-20.3%

£17,830,817

Export

-

-

-

-

-

-

-

-

-

Cost of Sales

£17,593,913

30.6%

£13,472,427

42.2%

£9,473,719

1.2%

£9,361,420

-20%

£11,708,531

Gross Profit

£2,424,755

282.2%

£634,398

-78.3%

£2,917,300

-39.9%

£4,854,835

-20.7%

£6,122,286

Wages & Salaries

£4,477,532

-6.3%

£4,781,122

26.4%

£3,781,081

5.2%

£3,594,444

-5.4%

£3,799,381

Directors Emoluments

£213,310

21.5%

£175,548

86.4%

£94,154

-0.4%

£94,567

9.3%

£86,532

Operating Profit

-£1,782,299

49.1%

-£3,504,445

-999.9%

£90,209

-97.2%

£3,196,363

-0.7%

£3,220,001

Depreciation

£302,074

26.6%

£238,620

41.2%

£169,000

8.3%

£156,000

0.6%

£155,000

Audit Fees

£40,000

3.9%

£38,500

4.8%

£36,750

5%

£35,000

-7.9%

£38,000

Interest Payments

£38,000

-35.6%

£59,000

84.4%

£32,000

-94.5%

£577,000

5.1%

£549,000

Pre Tax Profit

-£1,820,299

48.9%

-£3,563,445

-999.9%

£58,209

-98.2%

£3,264,363

0.5%

£3,249,001

Taxation

£355,827

269.4%

-£210,091

-380.9%

-£43,688

94.4%

-£780,012

12.3%

-£889,878

Profit After Tax

-£1,464,472

61.2%

-£3,773,536

-999.9%

£14,521

-99.4%

£2,484,351

5.3%

£2,359,123

Dividends Payable

-

-

-

-

-

-

-

-

-

Retained Profit

-£1,464,472

61.2%

-£3,773,536

-999.9%

£14,521

-99.4%

£2,484,351

5.3%

£2,359,123

 

Balance Sheet

Date Of Accounts

31/12/16

(%)

31/12/15

(%)

31/12/14

(%)

31/12/13

(%)

31/12/12

Tangible Assets

£2,835,008

-6.6%

£3,036,662

-67.6%

£9,361,878

-4.6%

£9,815,545

5.8%

£9,274,467

Intangible Assets

0

-

0

-

0

-

0

-

0

Total Fixed Assets

£2,835,008

-6.6%

£3,036,662

-67.6%

£9,361,878

-4.6%

£9,815,545

5.8%

£9,274,467

Stock

£2,929,318

-72.3%

£10,585,164

163.9%

£4,011,311

55.1%

£2,585,774

76.2%

£1,467,416

Trade Debtors

£3,617,376

29.2%

£2,800,455

48.3%

£1,887,750

8.6%

£1,738,672

-24.5%

£2,303,461

Cash

£280,252

999.9%

£22,332

860.1%

£2,326

-

0

-

0

Other Debtors

£2,533,726

156.1%

£989,316

-20.8%

£1,248,942

152.8%

£494,075

1%

£489,392

Miscellaneous Current Assets

0

-

0

-

0

-

0

-

0

Total Current Assets

£9,360,672

-35%

£14,397,267

101.4%

£7,150,329

48.4%

£4,818,521

13.1%

£4,260,269

Trade Creditors

£1,523,409

-45.1%

£2,772,396

-2.3%

£2,836,515

11.3%

£2,548,072

49.7%

£1,701,947

Bank Loans & Overdrafts

0

-

0

-

0

-100%

£9,990

194%

£3,398

Other Short Term Finance

£4,831,678

-24.4%

£6,391,746

279.1%

£1,686,035

999.9%

£92,501

-59.1%

£226,086

Miscellaneous Current Liabilities

£1,526,880

-31.3%

£2,223,603

57.3%

£1,413,388

20.1%

£1,176,869

-41.2%

£2,001,450

Total Current Liabilities

£7,881,967

-30.8%

£11,387,745

91.8%

£5,935,938

55.1%

£3,827,432

-2.7%

£3,932,881

Bank Loans & Overdrafts and LTL

£3,727,684

218.1%

£1,171,683

-45%

£2,130,000

128.5%

£932,226

-70%

£3,112,391

Other Long Term Finance

0

-

0

-

0

-

0

-

0

Total Long Term Liabilities

£3,727,684

218.1%

£1,171,683

-45%

£2,130,000

131%

£922,236

-70.3%

£3,108,993

.

Capital & Reserves

Date Of Accounts

31/12/16

(%)

31/12/15

(%)

31/12/14

(%)

31/12/13

(%)

31/12/12

Called Up Share Capital

£5,500,000

-

£5,500,000

-

£5,500,000

-

£5,500,000

-

£5,500,000

P & L Account Reserve

-£4,913,971

-685.6%

-£625,499

-121.2%

£2,946,269

-32.8%

£4,384,398

341.6%

£992,862

Revaluation Reserve

-

-

-

-

-

-

-

-

-

Sundry Reserves

-

-

-

-

-

-

-

-

-

Shareholder Funds

£586,029

-88%

£4,874,501

-42.3%

£8,446,269

-14.5%

£9,884,398

52.2%

£6,492,862

 

Other Financial Items

Date Of Accounts

31/12/16

(%)

31/12/15

(%)

31/12/14

(%)

31/12/13

(%)

31/12/12

Net Worth

£586,029

-88%

£4,874,501

-42.3%

£8,446,269

-14.5%

£9,884,398

52.2%

£6,492,862

Working Capital

£1,478,705

-50.9%

£3,009,522

147.8%

£1,214,391

22.5%

£991,089

202.7%

£327,388

Total Assets

£12,195,680

-30%

£17,433,929

5.6%

£16,512,207

12.8%

£14,634,066

8.1%

£13,534,736

Total Liabilities

£11,609,651

-7.6%

£12,559,428

55.7%

£8,065,938

69.8%

£4,749,668

-32.6%

£7,041,874

Net Assets

£586,029

-88%

£4,874,501

-42.3%

£8,446,269

-14.5%

£9,884,398

52.2%

£6,492,862

 

Cash Flow

Date Of Accounts

31/12/16

(%)

31/12/15

(%)

31/12/14

(%)

31/12/13

(%)

31/12/12

Net Cashflow from Operations

-

-

-

-

-

-

£732,246

502.2%

£121,589

Net Cashflow before Financing

-

-

-

-

-

100%

-£6,592

-138.1%

£17,324

Net Cashflow from Financing

-

-

-

-

-

-

-

-

-

Increase in Cash

-

-

-

-

-

-

-£6,592

-138.1%

£17,324

 

Miscellaneous

Date Of Accounts

31/12/16

(%)

31/12/15

(%)

31/12/14

(%)

31/12/13

(%)

31/12/12

Contingent Liability

YES

-

YES

-

YES

-

YES

-

YES

Capital Employed

£4,313,713

-28.7%

£6,046,184

-42.8%

£10,576,269

-2.1%

£10,806,634

12.5%

£9,601,855

Number of Employees

110

-5.2%

116

14.9%

101

4.1%

97

2.1%

95

Accountants

Auditors

DELOITTE (NI) LIMITED

Auditor Comments

The audit report contains no adverse comments

Bankers

NATIONAL WESTMINSTER BANK PLC

Bank Branch Code

53-61-24

 

Ratios

Date Of Accounts

31/12/16

31/12/15

31/12/14

31/12/13

31/12/12

Pre-tax profit margin %

-9.09

-25.26

0.47

22.96

18.22

Current ratio

1.19

1.26

1.20

1.26

1.08

Sales/Net Working Capital

13.54

4.69

10.20

14.34

54.46

Gearing %

636.10

24

25.20

9.40

47.90

Equity in %

4.80

28

51.20

67.50

48

Creditor Days

27.70

71.53

83.32

65.24

34.74

Debtor Days

65.77

72.26

55.45

44.51

47.02

Liquidity/Acid Test

0.81

0.33

0.52

0.58

0.71

Return On Capital Employed %

-42.19

-58.93

0.55

30.20

33.83

Return On Total Assets Employed %

-14.92

-20.43

0.35

22.30

24

Current Debt Ratio

13.44

2.33

0.70

0.38

0.60

Total Debt Ratio

19.81

2.57

0.95

0.48

1.08

Stock Turnover Ratio %

14.63

75.03

32.37

18.18

8.22

Return on Net Assets Employed %

-310.61

-73.10

0.68

33.02

50.03

Report Notes

There are no notes to display.

 

Status History

No Status History found

 

 

Event History

 

Date

Description

19/04/2018

Mr N. Blakeney has left the board

08/11/2017

New Accounts Filed

08/11/2017

New Accounts Filed

26/06/2017

New Company Secretary Mr J.H. Jackson appointed

23/06/2017

Mr C.P. Clarke has resigned as company secretary

10/05/2017

Confirmation Statement

22/02/2017

Change in Reg.Office

22/02/2017

Change of Company Postcode

28/11/2016

Ms J.A. Lumsden has left the board

28/11/2016

New Board Member Mr D. Jones appointed

28/11/2016

New Board Member Mr N. Blakeney appointed

24/10/2016

New Accounts Filed

24/10/2016

New Accounts Filed

18/10/2016

Mr S. McLintock has left the board

18/05/2016

Annual Returns

 

 

Previous Company Names

 

Date

Previous Name

19/02/1999

STOCKHAM VALVE LIMITED

31/08/1988

TRW MISSION LIMITED

 

Writ Details

No writs found

 

Statistics

Group

33 companies

Linkages

59 companies

Countries

In 9 countries

 

Summary

Holding Company

CRANE LIMITED

Ownership Status

Wholly Owned

Ultimate Holding Company

CRANE & CO. INC.

 

 

Group StructureFull

 

Company Name

Registered Number

Latest Key Financials

Consol. Accounts

Turnover

 CRANE & CO. INC.

-

-

$100,000,000

 CRANE CANADA CO

N/A

-

-

 CRANE LIMITED

00098677

31.12.2016

N

£101,224,758

 DELTA FLUID PRODUC...

04279520

31.12.2017

N

 DONALD BROWN (BROW...

04360847

31.12.2017

N

 SPERRYN & COMPANY...

04360858

31.12.2017

N

 WADE COUPLINGS LIM...

04360866

31.12.2017

N

 B RHODES & SON LIM...

04360883

31.12.2017

N

 NABIC VALVE SAFETY...

04360891

31.12.2017

N

 HATTERSLEY NEWMAN...

05035764

31.12.2017

N

 PEGLER HATTERSLEY...

05035801

31.12.2017

N

 INTA-LOK LTD

05093316

31.12.2017

N

 WASK LIMITED

05590104

31.10.2017

N

 VIKING JOHNSON LIM...

05602813

31.10.2017

N

 CRANE PENSION TRUS...

07435150

30.11.2016

N

 CRANE MERCHANDISIN...

02360425

31.12.2016

N

£29,217,621

 AUTOMATIC PRODUCT...

02990346

31.12.2016

N

 CRANE PROCESS FLOW...

00447239

31.12.2016

N

£24,013,000

 CRANE STOCKHAM VAL...

00549383

31.12.2016

N

£20,018,668

 CRANE ELECTRONICS

-

-

 INTERPOINT (UK) LIMITED

02297816

31.12.2016

N

£1,087,161

 CRANE INTERNATIONAL HO...

-

-

 CRANE COMPOSITES LIM...

04101125

31.12.2016

N

 CRANE INTERNATIONAL CA...

N/A

-

-

 CRANE SC HOLDINGS LI...

07424085

31.12.2016

N

 CA-MC ACQUISITION...

03878137

31.12.2016

N

 MONEY CONTROLS HO...

02549191

31.12.2016

N

 COIN PENSION TR...

01864094

05.04.2017

N

 COIN HOLDINGS L...

03555449

31.12.2016

N

 CRANE PAYMENT...

01687894

31.12.2016

N

£42,628,000

 COIN OVERSE...

03555446

31.12.2016

N

 COIN CONTROLS I...

02390016

31.12.2016

N

 COIN INDUSTRI...

01687632

31.12.2016

N

 

 

Other Linked Companies

 

Name

Number

Latest Key Financials

Turnover

CRANE PAYMENT INNOVATIONS GMBH

HRB 120428

31.12.2015

€34,592,320

CRANE GMBH

HRB 120631

31.12.2015

XOMOX FRANCE SAS

945851079

31.12.2014

€13,571,791

CRANE PROCESS FLOW TECHNOLOGIES BVBA

474232406

31.12.2016

€10,605,132

ELDEC FRANCE

382116978

31.12.2016

€10,091,765

CALIBRE SPORTS GROUP LIMITED

07474069

31.12.2016

CRANE PAYMENT INNOVATIONS INTERNATIONAL LTD

05763892

31.12.2016

£81,915,000

BARKSDALE GMBH

HRB 1472

31.12.2014

€13,521,772

CRANE PROCESS FLOW TECHNOLOGIES S.R.L.

MI1639294

31.12.2016

€8,738,253

INTERPOINT

390720480

31.12.2016

€593,703

TRADE NATIONAL REJECTORS, GESELLSCHAFT MIT BESCHRÄNKTER HAFTUNG

HRB 120562

31.12.2012

CRANE RESISTOFLEX GMBH

HRB 75178

31.12.2016

ANNE STREET PARTNERS LIMITED

05707007

30.09.2016

MONDAIS HOLDINGS B.V.

56670400

31.12.2016

ANNE STREET INVESTMENTS LIMITED

06419964

30.09.2016

ELDEC ELECTRONICS LTD

00723453

31.12.2014

TRIANGLE VALVE CO. LIMITED

01706070

31.12.2016

TACTICAL CHANGE LIMITED

07134679

31.10.2016

CRANE GLOBAL HOLDINGS

470214

31.12.2016

€5,587,973

UNIMESS MESSTECHNISCHE GERÄTE GESELLSCHAFT MIT BESCHRÄNKTER HAFTUNG

HRB 1048

-

 

 

Mortgage Details

 

Mortgage Type:

DEBENTURE

Date Charge Created:

28/10/96

Date Charge Registered:

08/11/96

Date Charge Satisfied:

12/02/98

Status:

SATISFIED

Person(s) Entitled:

THE FIRST NATIONAL BANK OF BOSTON (AGENT FOR THE LENDERS)

Amount Secured:

ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER UNDER OR PURSUANT TO THE FACILITY AGREEMENT OR ANY OTHER SECURITY DOCUMENT (AS DEFINED)

Details:

FIXED AND FLOATING CHARGES OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING GOODWILL BOOKDEBTS UNCALLED CAPITAL BUILDINGS FIXTURESFIXED PLANT AND MACHINERY SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS

Mortgage Type:

CREDIT AND SECURITY AGREEMENT

Date Charge Created:

21/12/95

Date Charge Registered:

08/01/96

Date Charge Satisfied:

09/11/96

Status:

SATISFIED

Person(s) Entitled:

SOUTHTRUST BANK OF ALABAMA (ACTING AS AGENT)

Amount Secured:

ALL MONIES DUE OR TO BECOME DUE FROM STOCKHAM VALVES & FITTINGS INC, STOCKHAM VALVE AUSTRALIA, PTY.LTD AND THE COMPANY(TOGETHER THE "BORROWERS") TO THE CHARGEE AND AMSOUTH BANK OF ALABAMA (TOGETHERTHE "CREDIT OBLIGORS") UNDER OR IN CONNECTION WITH THE REVOLVING LOANS, THE FINANCING DOCUMENTS AND THE AMSOUTH LETTER OF CREDIT FACILITIES (ALL AS DEFINED THEREIN)

Details:

ALL THE COMPANY\S RIGHT TITLE AND INTEREST IN AND TO THE FOLLOWING (I) ALL OF THE CONSIGNED INVENTORY AND ALL OF THE CONSIGNED INVENTORY ACCOUNTS RECEIVABLE SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS

 

 

Previous Director/Company Secretaries

 

Name

Current Active Appointments

Previous Appointments

Dissolved Companies

Ian Millar

0

1

0

Christopher Paul Clarke

0

3

3

Christopher Paul Clarke

0

3

3

Samuel Keery

0

1

1

Herbert Stockham

0

1

0

William Emmett Wilcox

0

1

0

Lawrence Wayne Kinderman

0

1

0

Paul Ash

0

1

0

Peter George Wilson

3

24

24

Larkin Hill Clark

0

2

1

Gerard Michael Twardowski

0

1

0

John Cantlin

0

1

0

David John Marsh

0

1

1

Richard Clive Tuck

0

1

1

Stuart John Watson-Davies

1

1

0

Colin Stuart Wood

0

1

0

Robert Sheldon Evans

1

3

2

Callum Laird Hosie

6

7

8

Paul Gerard Baldetti

0

1

0

Eric Carson Fast

0

16

1

Gerald Richard Priest

0

1

0

Philip Richard Cunningham

0

1

0

Paul Hodkinson Seddon

0

2

2

Ian Anthony Hill

0

1

0

John Watt

0

1

2

Judith Ann Lumsden

0

27

3

Donald Charles Saltmarshe

0

6

5

Michael Fegan

0

1

0

Eileen Montgomery

0

1

0

Nicholas Blakeney

0

4

1

Stephen McLintock

0

1

0

Total Persons With Significant Control

1

Total Statements

0

Active

1

Active

0

Ceased

0

Ceased

0

 

 

Active Persons With Significant Control

 

Name

Crane Limited

Kind

Corporate Entity With Significant Control

Address

Crane House Epsilon Terrace, West Road, Ipswich, Suffolk

Notified On

06/04/2016

Post Code

IP3 9QH

Legal Form

Private Company Limited By Shares

Authority

Companies Act 2006

Place Registered

England And Wales

Country Registered

England

Registration Number

00098677

Nature Of Control

Ownership of shares - above 75%

 

Ceased Persons With Significant Control

No Ceased Persons With Significant Control To Display

 

Active Statements

No Active Statements To Display

 

Ceased Statements

No Ceased Statements To Display

Average Invoice Value

£1072.20

Invoices available

129

Paid

129

Outstanding

0

 

Trade Payment Data is information that we collect from selected third party partners who send us information about their whole sales ledger.

 

Within Terms

0-30 Days

31-60 Days

61-90 Days

91+ Days

Paid

44

31

15

21

18

Outstanding

0

0

0

0

0

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

INR 67.37

UK Pound

1

INR 91.38

Euro

1

INR 79.89

GBP

1

INR 91.12

 

Note : Above are approximate rates obtained from sources believed to be correct

 

 

INFORMATION DETAILS

 

Analysis Done by :

PRI

 

 

Report Prepared by :

DNS

 

 

RATING EXPLANATIONS

 

Credit Rating

Explanation

Rating Comments

A++

Minimum Risk

Business dealings permissible with minimum risk of default

A+

Low Risk

Business dealings permissible with low risk of default

A

Acceptable Risk

Business dealings permissible with moderate risk of default

B

Medium Risk

Business dealings permissible on a regular monitoring basis

C

Medium High Risk

Business dealings permissible preferably on secured basis

D

High Risk

Business dealing not recommended or on secured terms only

NB

New Business

No recommendation can be done due to business in infancy stage

NT

No Trace

No recommendation can be done as the business is not traceable

 

NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.

 

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors are as follows:

 

·         Financial condition covering various ratios

·         Company background and operations size

·         Promoters / Management background

·         Payment record

·         Litigation against the subject

·         Industry scenario / competitor analysis

·         Supplier / Customer / Banker review (wherever available)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.